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LIST OF DEVELOPERS
At the 30th United Nations Climate Change Conference (COP30) in Belém, Brazil, development partners including the African Development Bank, urged for a scale up in financing to deliver the Great Green Wall’s 2030 targets.
Currently funded by…
The African Development Bank has approved a USD 2 million technical assistance grant to support the development of a pioneering Southern African Power Pool (SAPP) Energy Storage Strategy, marking a major step toward modernizing Southern Africa’s…
The African Development Bank’s Board of Directors has approved a $10 million loan to Hyphen Hydrogen Energy, a Namibian green hydrogen development company, to support a green ammonia project valued at more than $10 billion and with the potential to…
Scatec ASA, a leading renewable energy provider, has started commercial operation of the 273 MW Grootfontein solar power plant in South Africa, which will generate predictable revenues from a 20-year power purchase agreement (PPA).
“Bringing the…
The African Development Fund’s (ADF) Board of Directors has approved a grant of $22.9 million for the rehabilitation of Malawi’s Kapichira and Nkula B hydropower plants, marking a transformative investment in the nation's energy future.
The $118.7…
The Board of Directors of the African Development Bank Group approved on Wednesday a non-sovereign partial credit guarantee of up to €450 million to support the Office Chérifien des Phosphates (OCP) Group.
Launched for the first time in Morocco,…
The Board of Directors of the African Development Bank Group has approved the 2025–2030 Country Strategy for Algeria, designed to support economic diversification, strengthen strategic infrastructure, and advance regional integration.
The new…
To boost access to electricity for low-income households and small businesses in Côte d’Ivoire, IFC announced its support for a bond issuance that will help finance up to 600,000 new electricity connections, benefiting nearly 2.8 million people in…
ACCIONA Energía has reached an agreement with Cennergi, Exxaro Resources Limited’s wholly owned subsidiary and one of South Africa’s leading renewable energy producers, for the sale of its stake in two renewable energy assets totaling 232MW of…